Royal Caribbean Cruises Ltd. Second Quarter Earnings Sneak Peek

Royal Caribbean Cruises Ltd. (NYSE:RCL) will unveil its latest earnings on Thursday, July 28, 2011. Royal Caribbean Cruises Ltd. operates in cruise vacation industry. It owns five cruise brands, Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisieres de France. Wyndham Worldwide Corporation Second Quarter Earnings Sneak Peek>>

Royal Caribbean Cruises Ltd. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 44 cents per share, a rise of 57.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 58 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 44 cents during the last month. For the year, analysts are projecting net income of $3.17 per share, a rise of 48.8% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 18 cents, reporting profit of 31 cents per share against a mean estimate of net income of 13 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $1.8 billion in revenue this quarter, a rise of 12.5% from the year ago quarter. Analysts are forecasting total revenue of $7.61 billion for the year, a rise of 12.7% from last year’s revenue of $6.75 billion.

Analyst Ratings: Analysts are bullish on this stock with 11 analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 14.7%, with the biggest boost coming in the second quarter of the last fiscal year when revenue rose 18.7% from the year earlier quarter.

The company raised its gross margin by 3.2 percentage points in the in the first quarter. Revenue rose 12.5% while cost of sales rose 7.4% to $1.1 billion from a year earlier.

Competitors to Watch: Carnival Corporation (NYSE:CCL), Wyndham Worldwide Corp. (NYSE:WYN), Carnival plc (NYSE:CUK), Ambassadors Intl., Inc. (NASDAQ:AMIE).

Stock Price Performance: During April 27, 2011 to July 22, 2011, the stock price had fallen $3.22 (-8.1%) from $39.71 to $36.49. The stock price saw one of its best stretches over the last year between February 3, 2011 and February 11, 2011 when shares rose for seven-straight days, rising 6.3% (+$2.84) over that span. It saw one of its worst periods between May 18, 2011 and May 26, 2011 when shares fell for seven-straight days, falling 7.1% (-$2.89) over that span. Shares are down $10.51 (-22.4%) year to date.

(Source: Xignite Financials)

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